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FOX Business
Sep 11, 2012 7:00pm EDT
anniversary of the september 11 attacks, united states embassy in egypt under siege by radical islamists. those events and prospect of a downgrade of u.s. debt complicating suddenly the president's re-election efforts which only appeared to be brighting. we take all of that up here tonight. congressman randy forbes joins us, member of the armed services committee. former u.s. ambassador to the united nations john bolton. judith miller is among our guest. also ahead the chicago teachers on strike, demanding an ex-exorbitant raise. just because chicago has lousy schools doesn't mean that teachers should have to suffer along with their students? we take that up in the chalk-talk. >>> angry radical islamists in the streets of cairo, some scaling the walls of the american embassy chanting anti-american slogans and tearing down the u.s. flag and taking it down and replacing with black flag and with symbols that say there is no god but allah and mohammed is their messenger. there were warning shots from embassy marine guards, but no injuries reported. the embassy says the situation is fluid. an
FOX Business
Sep 12, 2012 7:00pm EDT
was not cleared by washington. it does not reflect the views of the united states government. the romney campaign quickly accused the obama administration of sympathizing to those who have attacked american interests and americans, calling the messages from the administration a quote disgrace. fifteen minutes later, secretary of state clinton issued a statement condemning the attacks in benghazi, but making no mention of the attack in egypt. at midnight eastern, the cairo embassy statements are removed from the official website. in the obama administration reacted to the reports of dead americans in libya. but not without replying to governor romney's criticism of the president as well. the statement said we are shocked that at a time when the united states of america is confronting the tragic death of one of our diplomatic officers in libya, governor romney would choose to launch a political attack. at 5:00 a.m. eastern this morning, reuters informed that the u.s. ambassador to libya, christopher stephens and three other americans have been killed in benghazi. six hours later from the president
FOX Business
Sep 17, 2012 7:00pm EDT
is the militias in libya with all the guns and weapons were equipped while the united states led from behind to do nothing. something one of the lessons is when there is this kind of thing, we should be in there, helping our friends in this case establish law and order. the public reaction in libya, the killing of the ambassador is frankly very sympathetic to the united states. and i think we should be taking advantage of that. lou: we didn't like the results of the election in egypt, but they also had an election, they also had change direction, again from a direction that the united states is not particularly enamored with. nonetheless, they had changed the character of their government in the direction of the nation. what should we do there as well? >> well, i think that we should be a lot clearer about what is acceptable and what is not acceptable. it was unacceptable for the president of egypt come to the united states into the case of sitting in jail because of the 1993 world world trade center bombing. it is certainly unacceptable for president mohammed morsi of egypt basically equivocate a
FOX Business
Sep 12, 2012 9:20am EDT
the united states rejects the efforts to denigrate religious beliefs of others, we must oppose the violence that took the lives of these public servants. again, the president will speak about this attack 10:35 eastern, we will carry it for you. and the u.s. embassy in cairo attacked. an american flag was ripped down and destroyed there and remember, we've given billions in aid to egypt. coming up in a few moments, ambassador john bolton will join us, where is america's mideast policy headed and should we keep paying? just this morning, germany's top court approved that nation's participation in a european bailout, paving the way for money printing in europe. and the markets like it. here is a look at dow futures, oil and gold. all of they will are up this morning, as of right now, they're all up. and they were up a whole lot more before the news of america's ambassador being killed in libya, before that news came out. we're up a lot more. we've got a big day for apple. a new iphone expected to be unveiled and mark zuckerburg, says it's time to double down on facebook, we're watching both bi
FOX Business
Sep 14, 2012 7:00pm EDT
americans assassinated by radical islamists. their bodies returned to the united states. a solemn ceremony with president obama and secretary of state clinton. among those honoring the murdered americans at andrews air force base earlier today. >> mrs. clinton praising the murdered americans for their courage and sacrifice to our country. the people of egypt and libya and tunisia did not trade the tyranny of a dictator for the tierney of a mob. lou: a precisely timed two-part operation under cover of more than 200 demonstrators angry at an anti-mohammed movie. the protesters stormed the consulate, armed militants traveled to a nearby safe house to attack the evacuated americans. libyan officials say the people within the governments own security forces to stop the terrorists to the safe houses location. the unrest is spreading beyond the region. violence erupted in tunisia and the german embassy set afire. american fast food restaurants also torched. demonstrations in afghanistan. palestinians and in jerusalem protests in america. american flags were burned outside the embassy. president o
FOX Business
Sep 15, 2012 4:00am EDT
not to united states policy for the administration, not the american people. it is in response to a video. lou: the romney campaign called the reaction to the violence in the middle east amateur hour. we are taking all of that up tonight with the author of "the new york times" book, the amateur. bin laden unit chief, michael carrier. and christopher hahn and jedediah bila joins us as well. my next guest says protest demonstrations and murders is the latest episode, he says, in the process by which the united states is being driven from the arab world. joining us now is head of the bin laden tracking unit, michael. good to have you with us. it is a peculiar moment to say the least. to hear the spokesman for the presidency but this is about a movie and has nothing to do with u.s. policies or this administration. what is your reaction? >> well, the country is out of control. it is out of control economically, but in the middle east, we have been out of control for 15 years. we have not had an enemy in the middle east or anywhere in the world that has been so clear about what motivates them since
FOX Business
Sep 13, 2012 7:00pm EDT
with sunnis and their protest against the united states. they have joined forces as they chant death to america in the streets of baghdad. as those protests progressed over the last few days, president obama and his administration struggling to even define our relationship with some of those countries, including egypt. president obama, who refused to take questions from the white house press corps did sit down with telemundo and tried to explain his view of the american relationship with egypt. he said i don't think we would consider them in our life that we don't consider them an enemy. a squall of criticism followed. the white house trying to explain what president obama meant to say. spokesman tommy bidder didn't help a white house effort. he said the word ally doesn't amount to much. and call the term ally a legal term of art. for the record, the oxford english dictionary defines the term as a person or organization that cooperates with or helps another in a particular activity. not much art. in that, a simple word. not necessarily a term. for the president's enjoyment, enemy mea
FOX Business
Sep 26, 2012 7:00pm EDT
obama of the united states was helping to rest that. now we are, 18 months later, they burn the american flag in the streets, anti-american movements all over, killing u.s. ambassadors, attacks united states' embassies. where have we come in 18 months, and at the same time, the president of the united states rather than asserting america's leadership role in the world is off to campaign. lou: off to campaign, and mean while, some is public perception, and that is four more missiles fired by the iranians, seems that they have an unlimited number to show off whenever ahmadinejad makes a major appearance or makes a major point, and at the same time, we have the chinese with a vigorous space program underway, the russians, and the principle space power because they're the only ones who can routinely go into space to reach the international space station in lower earth orbit. it is a bizarre retreat of american power and technology and advancement and to hear that the very people who we have been, you know, so concerned about, ie, iranians, are seemingly carrying out an aggressive space polic
FOX Business
Sep 12, 2012 11:00am EDT
at this crisis? speak of the united state unites attacked september 11, 11 years ago, and united states attacked september 11 yesterday. what does that mean? the united states territories, the embassy, it was egypt and libya. were they coordinated attacks? when the president came out, as you rightly did, he should have followed that by saying these attacks are not going to be tolerated, we will hold the host governments responsible for this. some indication even in egypt there was advanced warning these attacks are coming which is why the americans had gotten out of that embassy. the president of the united states needs to say to those countries who will hold you responsible, have to protect our people, you have to have better protection of our people and if you don't do that we will reassess our relationship with you because if you don't stand strong right now, this is what happened to jimmy carter and why ronald reagan was elected. jimmy carter did not do something strong. he apologized, said let's try to negotiate and that is the kind of response i heard from president obama. dagen: did we ha
FOX Business
Sep 12, 2012 4:00pm EDT
. that is greater than all android phones combined in the united states. with that kind of intent to buy it, we will see a large market. david: they're going to be selling $99. of course that is the older version. the cheaper price also comes with less connections in the iphone 5 does. there'does the 1.2 gigabytes peh compared to those with slower connection. >> apple is covering all the price points. that is a keeping time to address a large body of consumers. you will have the iphone for which is a great phone given away for free on contract. i think they're doing a great job of going up against the competition and frankly at this point over 50% of americans already have smart phones, so getting into mainstream, mom and pop buying smart phones and it has to be really easy to use and apple has set the gold standard. david: what about the corporate market, lot of corporations going for the blackberry. is this going to tap into that market? >> the iphone has been adopted by companies a lot of the fortune 500 are already using iphones. that sai set in a couple of weee will have blackberry jam whe
FOX Business
Sep 24, 2012 7:00pm EDT
clinton to deal with world leaders who asked to meet with the president of the united states, of some of these world leaders part of a trouble fusioa --troubling new trend thy they can tell the most powerful nation on earth what to do. telling new york time over the week that america needs to find more respect for muslim values, the united states must respect the arab world's history and culture even when that conflicts with western values, pakistan foreign minister, questioning our constitution, saying that american which rethink its commitment to freedom of speech, and benjamin netanyahu urging president obama to accept a red line regarding iran's nuclear ambitions, a line that if crossed would compel the u.s. to act militarily, meanwhile, president obama downplays the significant of murder of a u.s. ambassador. and anti-american rage spreading throughout the american field. >> i was pretty certain and continue to be pretty certain, there will be bumps in the road, in a lot of these places, one organizing principle has been islam, one part of society that has not been controlled by
FOX Business
Sep 13, 2012 6:00pm EDT
the dictator and they haven't had the jobs in 18 months. were they angry at now? the united states. gerri: we are a target, that's for sure. michael? >> that's not correct. what they wanted was us out of the region out of posy -- >> we have to realize that these people have been emboldened because president bush and obama chose to lose two wars. >> look, we are dealing with religious fanaticism. we have an ambassador in libya that are happening that helping the people put together the purpose of the attacks, which is to cause the united states to pull back from the region and pullback from vital interest that we have there, protecting israel and securing supplies of oil and natural gas from the producing countries. that is what they want. as this spreads across the region, it can have a profound economic impact worldwide as we see the price of oil already going on. gerri: absolutely. there are all kinds of impacts. i want to talk about the president today. telling telemundo that egypt is not an ally. would you make of that k.t. mcfarland? >> does is really tearing through. we thought qadhafi
FOX Business
Sep 19, 2012 6:00pm EDT
tune in tomorrow, melissa francis will be live from the energy capital of the united states, houston, texas. it is part of our series "open for business." you don't want to miss out on the fox business network. take care. gerri: hello, everybody, i am gerri willis. a newly obtained report from the department of homeland security showing calls to burn down the u.s. embassy in cairo. two days before the protest took place. the cairo demonstration was the first of the anti-american protests which continues to raise across the world with no end in sight. time for u.s. to close the floodgates of the foreign aid to these countries. with more on this, ran poll of kentucky. welcome to the show, great to have you here. first i want your reaction to the department of homeland security report that says threats reach the u.s. two days before the protests started. >> i'm quite concerned if there was any warning if we paid or didn't pay attention to the warning and also concerned in egypt the egyptians said the mob is coming but didn't send any troops to defend our embassy. that has to be
FOX Business
Sep 12, 2012 6:00pm EDT
should be the response to this? >> well, the united states cannot afford to flee under fire. in libya, i think president obama's actually doing the right thing by sending in additional marines and maintaining our dip -- diplomatic presence. e just a minute -- egypt is another question, however. it's the accountability at best that the egyptian government was negligent. the idea that the united states has to subsidize governments like this is a question which many people ask back in washington. gerri: michael, we are subsidizing that government. as a matter of fact, we decided to forgive a billion of debt they owe us. >> well, one of the big policy questions that's looming over the horizon is whether egypt is too big to fail much since the arab sprang began, egypt lost more than two-thirds of the hard currency reserves. initially, the arab spring was about economics, accountability, corruption. it's clear that islamists have hijacked it. they were caught by as much surprise as the united states has. the question is if we keep subsidizing the egyptian government, do we, in effect, give the
FOX Business
Sep 19, 2012 9:00pm EDT
-term because people still consider the united states the safest and greatest country on earth, rightfully so. it is a problem long-term and even medium term. gerri: the number the president was trying to find, 16 trillion. he says it doesn't matter. does that matter to the american people? >> on the former, the question was ambiguous enough the president to not have known what he was talking about although we did not ask for a clarification. on this question if there are short-term problems with our debt, that is an incredible thing for the president of the united states to say when we are accumulating $4 billion per day on debt, just interest on the debt, that is a very serious short-term damage to the country, to the economy, what have you and for the president of the united states to pretend that doesn't matter, not even talking about the fact we were just downgraded again by another ratings agency, just talking about the sheer numbers on our debt on a daily basis, that is a short-term problem in a short-term catastrophe. gerri: here is the president. >> i think the trick is figuring out
FOX Business
Sep 13, 2012 9:20am EDT
before about soaring oil prices and mitt romney and the plan to get the united states of america, energy independent by 2020. and the fact that the keystone pipeline locked by barack obama. off the coast of virginia, the obama administration is blocking the creation of new jobs and oil exploration, and the middle east and the strangle hold that the middle east has on our economy, will be a major issue in this election, and it's all about the economy. >> and it's all about the economy, and i want it know where we see mitt romney break out and take a convincing lead. and you said, incouple bent always lead at labor day, when does mitt romney jump out ahead. when? >> stuart, i think it's going to be a classic sweet 16 kind of final four matchup where you have an underdog, which clearly, any challenger, including mitt romney is an underdog that hits the three-point shot at the end and the grass roots win and we take our country back and that's how this is going to play out. >> i'm going to wait until october before i see a breakout. >> absolutely, and i did mix metaphors, basketball and foot
FOX Business
Sep 14, 2012 1:00pm EDT
smoke coming out of the u.s. embassy. they have replaced the united state flag. there are also reports they have taken over an american school there as well. fox is trying to confirm all of this. it is similar to what we are seeing and other countries, in particular lebanon. at least one person was killed in the protest. many more were wounded. this comes as pope benedict xvi arrived in lebanon. protesters they were seen ripping up his picture ahead of his visit to lebanon. here in afghanistan, we feared there would be widespread violence. so far, those have not materialized. it has been very peaceful here in kabul. there are real concerns that the rights will spread to afghanistan or pakistan in the coming days. melissa: connor, thank you for that report. lori: these are trying times, that is for sure. let's see how the markets are reacting. nicole petallides is on the floor of the new york stock exchange. nicole: we are keeping a close eye on some of the office product retailers. there is news. the first set of news is stapled it now has private equity firms interested in taking it p
FOX Business
Sep 13, 2012 11:00am EDT
. it was happening. in the last election, 2008 the jewish vote in the united states when 78 percent president obama. >> if you ask me about the policy of president obama regarding is relevant to you president obama was not a friend of israel. stuart: that is where i have to hand it. dagen and, carry it forward. charles: you'll be interested, we have a big story that just came in. sports related. dagen: everyone listen to this breaking news. you will want to hear it. the owners of the boston red sox have begun quietly shopping the team and are mulling a potential sale of the story baseball franchise. charles: well, charlie gasparino is the one breaking business. he joins us on the telephone with some details. >> reporter: well, full disclosure, this is coming from a yankee fan. [laughter] taken for what it's worth. people with direct knowledge of the situation, here's what we know. the boston red sox management is quietly shopping the franchise. they have had an internal discussion about selling the boston red sox. they have talked to at least one person i know about the potential sale of the price
FOX Business
Sep 25, 2012 11:00am EDT
. dagen: china looking to put an end to the united states domination of the western pacific by expanding its navy presence, forcing the u.s. to send a significant number of troops to the region in response. connell: fox news adam housely is with us now in san diego with the latest on that. adam? >> yeah, connell and dagen it's one of those stories that's kind of flown under the radar a bit because so much is going on in middle east and on going operations in afghanistan but it is extremely important in the pacific because china is doing what it can to really increase its reach if you will because they are going for more resources as we know and more influence in the region. over the course of the last 20 years they have increased their defense spending by 15%. and today they actually unveiled officially their first ever aircraft carrier, actually purchased from the russians and then refurbished by china. it is important because china because of this reach there are problems now with -- water gun attacks in the last days and as well as disputed islands with japan, both sending ships with
FOX Business
Sep 4, 2012 6:00pm EDT
international indebtedness. if the united states economy is not as strong as it has been in the past, we cannot protect our values around the globe, and we cannot negotiate with bankers. this gives us serious weaknesses on the economic and national-security front. the ultimate insult, we handed to the next generation that had no safe in the kinds of things we have seen go on and ask them to pick up the bill, and that seems like a gross injustice and mass. gerri: i want you to respond to something, david axelrod, the president's base of riser said about this and why the president is doing the right thing. here he is. >> the president's plan would do what the simpson bowles plan would do, cut the deficit by $4 trillion, reduce attack under our deficits down to 3 percent of the gross domestic product which is what everybody agrees we need to stabilize the debt. then we will be in a position to begin reducing it further. gerri: what do you make of that. >> perfect except for a couple of flaws. we have not seen the growth and are not likely to get the kind of growth that they assume in those budget
FOX Business
Sep 12, 2012 9:00pm EDT
? >> the united states cannot afford to flee under fire. , should send in additional marines to maintain the diplomatic presence. this raises questions of the accountability of government at best at worst it was complex set. for the united states to subsidize the government is of the blast in washington and. >> but we are. we just decided to forgive $1 million of debt that they owe us back a policy question with egypt is too big to fail. it has lost more than two-thirds of hard currency reserves. at first it was about economics and corruption. they were caught by surprise like the united states. if we keep subsidizing the egyptian government do we give them free rein? remember egypt's president has not apologized the way the libyan president has. gerri: we have a long way to go. byron,, mitt romney responded to the embassy comment in cairo condemns the continuing efforts of individuals to hurt the religious feelings as religious believes is the cornerstone of american democracy. we reject the actions of universal free-speech to hurt others. romney said falling that. >> day clearly send m
FOX Business
Sep 14, 2012 9:20am EDT
and commitments of the united states. i think the american jewish voters who support obama resonate to, whether wisely or not, they see in him a character whose values are in line with them and then will trust that his support for israel will get there. do i think a lot of people how have reason to question that the last three and a half years. yes, do i think the numbers are going to go down. >> yes. do i think that the obama campaign should worry about that. and not worry about it because of what it says about american jews. i think that america should worry about it because it says if they are weak about the relationship with israel that's not a jewish vote that's an american security thing that weakens all of us. >> i've got to bring up the issue of president obama's what some see as an apparent tilt towards muslims in the middle east. that's an apparent tilt. apparently to a lot of people, not to mention the refusal to meet with bb netanyahu. >> which i think was a terrible mistake. >> doesn't that lower the number of proportion of the jewish vote for president obama? >> i think it will. >
FOX Business
Sep 14, 2012 11:00am EDT
the president of the united states. there are things that can relieve the price of oil we are not doing. dagen: is it healthy that this is not the kind of shock that we saw in 2008 where it will spike above $100 a barrel, was $135 a barrel at the high. oil has remained relatively high for the american people in the last few years and got me chance to learn to live with it. >> that is true but also hurts everybody. certainly the lower end of the economy if you are a person who has to drive a long distance to work and you have to shell out that much more for your pay, it is a problem. natural gas is going to be a substitute that will have its day. we have an unlimited supply. dagen: would you invest in oil and commodities? >> i am already invested in oil and commodities to a great extent because as i said inflation is a genie in the bottle that will get out sooner or later and ben bernanke and all the politicians in the world can't bribe themselves enough to keep it in. dagen: it would take a healthy economy to trigger that and this economy is not. >> it does not take a healthy economy to trigge
FOX Business
Sep 12, 2012 5:00pm EDT
of the oil from the middle east has to go through in order to get to europe and the united states. libya, for example, has brought its oil industry back online. it is pumping more than i believe a million barrels a day. these are essential to the oil markets internationally and to the price of gas here in the united states. so it's not just oil. it's also international security. it is future of israel. it is our long-term interests in the middle east. melissa: is it working? i hear what you're saying and you look at pictures and see what happens, you have to ask yourself is it working? >> of course those of us who have been out there, we're shocked and we're obviously very, very saddened by these events and our first reaction of one, gee, why does this happen? what we have to do is first of all see what the governments will do in response to these attacks. they have an absolute responsibility to protect embassies and diplomatic establishments. this was not done at all in the case of egypt. the libyans tried. there was a major gunbattle with terrorists involved. we have to see in days ahe
FOX Business
Sep 13, 2012 1:00pm EDT
the united states and its allies including in the arab world need to basically dismantle the network of salafists because they are waging a war against american interests. lori: the protest we're seeing in cairo, walid, plug that in for us. seems the anti-american sentiment is growing, it is snowballings do you agree. >> that is what the propaganda of jihadists want us to believe. these are civil societies rising up against america because of a movie. that is not the case. these are war rooms of networks that take people to the street. an individual wakes up angry against an american and goes throw a rock at an embassy. these are organized networks that want to channel anger in egypt against the united states. the government of egypt has a duty to protect our interests in the region. melissa: you say america has to disband band the network. is that even possible? how do we do that? >> there are multiple stages. stage number one the president of the united states and executive in power should call the president of egypt and ask mr. morsi to basically do his duty and protect our embass
FOX Business
Sep 17, 2012 11:00am EDT
was asked all about it yesterday on "meet the press." >> did you, their very existence of the united states, we have to understand that we have to deal with it. in this vast expansive land, you can understand why they are so antagonistic to us. we are you and you are asked. connell: the author of obama's globe, the president abandonment special assistant to president nixon. react right off the bat to what the prime minister of israel had to say in terms of how this is being handled and how we view them. >> i totally agree with the prime mister. he tries to be diplomatic and friendly to the president although president obama is not friendly to him. he asked a very interesting question in that interview. he said we are asked to wait and he said wait for what? of course, we know the answers to that question. he is already revealing how he feels about that election. he revealed how he felt about it when the microphone was open and he did not know it was. in talking about that he said tell vladimir to give me space. after the election i can be more flexible. good lord. unbelievable. connell: i w
FOX Business
Sep 18, 2012 9:20am EDT
, they're looking for a 5% drop in the united states which is a pretty bad indicator for america's economy. i think that's actually 5%. so, i really want to move on fast to apple. is it at 700, yes or no? >> no, a nickel, pull out a nickel. that's how far away we are 699.95. stuart: am i right in saying that during regular market hours it has yet to hit 700. pre-market, post market. >> correct. stuart: but-- >> i saw it over 701 overnight. so iphone 5 has been obviously breaking all records. stuart: i here by guarantee, the trumpets will sound when we hit #00. >> i thought you were guarantee 700. stuart: no, not. nice dry, nicole, nice dry. the dow industrial is down as we suggest. i'm going to stay on apple and bring in branding strategist, the author of the book "break through branding". katherine, welcome to the program. >> thanks for having me. stuart: now, i want to talk about the buzz that apple creates, very, very cleverly. did they deliberately produce fewer iphones, just restrict their production knowing that they were going to get huge orders so they could go out and sa
FOX Business
Sep 20, 2012 9:20am EDT
's a shock to me, as someone who emigrated to united states many years ago, it's shocking, the bureaucracy is so thick, so huge, i'm astonished-- >> it's amazing, one of the things that's holding people back. you talk about the fact that the unemployment rah it is not markedly getting better, on the contrary it's getting worse, especially frustrated workers. those who are vulnerable, and something interesting in the past in america, unlike other countries, when people become chronically unemployed in the bottom half of the income distribution when they tend to turn towards our own ideas for creating businesses-- you see an explosion of low income entrepreneurship, after about nine months of the income-- out of the income stream and the employment force. it's not happening this time and we have to ask ourselves, what's going on. and there is an answer, and the policy uncertainty to be sure, but more to the point, it's harder and harder to get out from behind this bureaucracy, to start a business and that's especially true, if somebody doesn't have a brother-in-law who is a consultant and so
FOX Business
Sep 13, 2012 3:00pm EDT
the result of the united states of america. >> administration officials say they are there to contain protests and violence in yemen, egypt and around the region. back to you. liz: and dropped us if is any more news. that is the latest picture. this affects the markets and some way shape or form. it is being completely overwhelmed. this will continue as long as the federal reserve sees weakness. back here live at hewlett-packard headquarters in a fox business exclusive. a lot if you own this stock. coming up, the transformation of a company that has been under fire for several years now. we have the products over our shoulders here and the woman in charge who stepped up to the plate and said i am the one who believes i can really turn this company around. right here exclusively from the headquarters of hewlett-packard. ♪ everyone has goals. take the steps to reach yours, with us with real advice, for real goals. the us bank wealth management advisor can help you. every step of the way. from big steps, to little steps. since 1863 we've helped guide our clients, so they can take the s
FOX Business
Sep 4, 2012 11:00am EDT
tax rate. the united states have highest corporate tax rate in the industrialized world making us less competitive. we need to bring down the corporate tax rate to attract investors and different corporations as well. we have to simplify the corporate tax code. a lot of extra provisions that can be reduced to simplify and make corporate taxes and individual taxes easier. reducing the rate and simplifying the deductions is the key winning formula. dennis: as soon as we hear reduce the rate that will make some americans feel they are favoring corporations. do you guys want overall corporate tax revenue to go up to help balance the budget? >> corporations have a role to play in the economy and they should play commensurate with their earnings like everybody should pay in terms of how we are structured. in terms of lowering the corporate tax rate increases jobs and that helps americans. by lowering the corporate tax rate you help the economy and individual americans and that is the key to getting the economy started again. dennis: overall should there be an alternative minimum tax so every
FOX Business
Sep 4, 2012 9:20am EDT
. >> in the sense that china is slowing down, europe is a mess, a lot of foreign capital coming to the united states, whether it's real estate. equities, treasuries, and worst still the united states, the bad lot. people are going to maintain them and we're outperforming and many versus india and russia and the money is slowing out of the u.s. and you see the money coming here. so far so good. and the scenario is right about bernanke being proactive and the money keeps coming. >> every time you come to the program, a great guest for us to have and we appreciate that. you said, look, go for the big name, international companies, are you still there? >> still there because we like the global footprint and the core competencies and the global brand. it takes decades, good management and core competence to build that out. and apple, ge, ibm, not recommending those, they're good global brands around for 50, 100 years, and they're going to be around for another hundred years. >> joe, good stuff. we appreciate it, thank you so much. sir. time for the gold report. almost at 950 eastern. where are we now? lo
FOX Business
Sep 13, 2012 5:00pm EDT
. they are kind after bulwark there helping long-term interests of the united states. if we're cut off funding we're really only slepting the hand of the muslim brotherhood. melissa: we give $1.6 billion that is late slated this year goes to egypt. doesn't seem like they're keeping things very safe. when you see pictures of rioting and protests going on. you look what happened to our embassy. we're looking at pictures right there. this is a country where we're giving mo anyone to the military. where is the money going? >> you have to think about it as two things. one basically a risk insurance policy regarding israel. ever since the camp david accords we've been giving money to egypt. basically a quid pro quo whereby they keep peace with israel. when you look what we're spending per hour per day at afghanistan that is huge bill. 1.3 billion a year is not all that much money. sound like a lot but at the end of the day it is not that much. melissa: is it working though? is it doing what it is supposed to be doing? >> it is doing one thing that matters the most, keeping israel and egypt at peace. fr
FOX Business
Sep 28, 2012 7:00pm EDT
support. legalzoom documents have been accepted in all 50 states, and they're backed by a 100% satisfaction guarantee. so go to legalzoom.com today and see for yourself. it's law that just makes sense. lou: united nations on a mission to become the tax master. considering new global taxes to transfer trillions of dollars. among the tax proposed remember secretary of state clinton is enthusiastic. one% tax on all billionaires' and all financial transactions carbon emissions, airline tickets she suggests she is on board with some of that earlier this week. >> one issue i have been preaching about is collecting taxes in the equitable man o' war -- manner especially around the world from the e.u. the of every country are making money. there are rich people everywhere yet to they3 there are rich people everywhere yet to they do not contribute to the growth of their own country. lou: there are rich people everywhere. she is worth over 100 million. what is she thinking about? and just have to give them our national sovereignty? what an absurd concept. we are ready to contribute 22% o
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